Ceres Uses Treasury Share Disposal to Complete SQUIZ Subsidiary Deal

CERES INC. ( (JP:3696) ) has provided an update.

Ceres Inc. has completed the disposal of 211,416 treasury shares through a third-party allotment to two individual investors, Tomoaki Hirano and Ryo Atake, following a board resolution on April 1, 2026. The transaction, priced at 1,419 yen per share for a total notional value of about 300 million yen, was executed via contribution in kind rather than cash.

The share disposal is tied to Ceres’s acquisition of shares in SQUIZ Co., Ltd., which is being converted into a subsidiary as part of the company’s broader strategic expansion. After the transaction, Ceres retains 366,088 treasury shares based on its holdings at the end of 2025, indicating continued financial flexibility while reinforcing its control over SQUIZ and potentially strengthening its consolidated earnings base.

More about CERES INC.

Ceres Inc., listed on the Tokyo Stock Exchange Prime Market under code 3696, operates in Japan’s digital and technology sector. The company engages in platform and related services, and has been actively using equity transactions to strengthen its business portfolio and expand its group structure, including through acquisitions and subsidiary conversions.

Average Trading Volume: 153,838

Technical Sentiment Signal: Sell

Current Market Cap: Yen17.74B

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